Grand Rivers Community Bank


Overview / Commentary
618-634-2208
260 S Main St
Grand Chain, IL 62941

Grand Rivers Community Bank is headquartered in GRAND CHAIN and is the 346th largest bank in the state of Illinois. It is also the 4,516th largest bank in the nation. It was established in 1902 and as of September of 2023, it had grown to 7 employees at 2 locations. Grand Rivers Community Bank has a B health rating.

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Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Grand Rivers Community Bank has a low asset base.

Health Grade Components

Overall
FDIC Certificate #10816
Year Established1902
Employees7
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD-0.75%
Return on Equity - YTD-8.4%
Annual Interest Income$870K
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$28.7MM$17.5MM
LoansQ3 2023vs Q3 2022$13.8MM$11MM
DepositsQ3 2023vs Q3 2022$26.2MM$15.3MM
Equity CapitalQ3 2023vs Q3 2022$2MM$1.8MM
Loan Loss AllowanceQ3 2023vs Q3 2022$395K$395K
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$0$0
Real Estate OwnedQ3 2023vs Q3 2022$0$620K
Rates

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Locations


Grand Rivers Community Bank Locations
Grand Rivers Community Bank260 S Main StGrand Chain, IL 62941
Karnak Branch406 Washington StreetKarnak, IL 62956
Shawneeton Branch105 E. Shawnee AvenueShawneetown, IL 62984

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